The new report by Expert Market Research titled, ‘Global Nootropics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global nootropics market, assessing the market based on its segments like type, distribution channel, application, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2021-2026)
- Historical Market Size (2020): USD 2 Billion
- Forecast CAGR (2021-2026): 14 .6%
- Forecast Market Size (2026): USD 5 Billion
The growth of global nootropics market is primarily driven by the need to enhance mental performance in the competitive and challenging work environment. The increasing competition in academics and work environment is creating a demand for mental performance enhancers. Additionally, the factors such as rising disposable among classes, growing awareness about benefits of nootropics, and growing demand from sports sector is likely to push the growth of the market. Moreover, the growing popularity for plant based or herbal nootropics will aid the growth due to rising popularity herbal products. However, due to various side effects, and lack of awareness may constrain the growth in the forecast period.
Industry Definition and Major Segments
Nootropics are drugs or supplements that improve cognitive function, such as, memory, creativity, or motivation, in individuals. These products are not pharmaceutical compounds and are primarily used by students to enhance their brain functions.
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The market is bifurcated by type into:
- Prescription
- OTC
The market is segmented on the basis of distribution channel into:
- Online
- Offline
The market is segregated on the basis of application into:
- Mood and Depression
- Longevity and Anti-Ageing
- Sleep and Recovery
- Memory Enhancement
- Attention and Focus
- Anxiety
- Others
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
Regionally, North America is the largest shareholder of global nootropics market owing to large consumer base in the region. Moreover, the presence of key market players for nootropics market aids to the growth of the region. Additionally, factors such as consumption of multi-vitamin, increasing awareness for cognitive health, easy over the counter availability, and a growing population are driving the market growth. Meanwhile, the Asia Pacific is projected for the fastest growth owing to traditional usage of herbal nootropics in countries such as China and India. Further the foreign investment and collaboration with regional players is expected to propel the growth in the forecast period.
Key Market Players
The major players in the market are Purelife Bioscience Co., Ltd., UCB S.A., HVMN Inc., Gaia Herbs, Inc., and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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The new report by Expert Market Research titled, ‘Sonobuoy Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Global Sonobuoy Market, assessing the market based on its segments like function, size of the product, range, installation type, applications, and major regions which include North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/sonobuoy-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Forecast CAGR (2021-2026): 6.5%The market growth can be attributed to the robust growth of the maritime industry globally.
The increased defence spending by developed countries, such as the United States of America and Europe, is expected to further propel the growth of the market.Industry Definition and Major SegmentsSonobuoy refers to a SONAR portable device (SOund NAvigation and Ranging).
Sonobuoy helps to detect submarines and perform underwater research when it is released from an aircraft or a ship.
It is dependent on sound waves to detect/locate objects in a specific area.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/sonobuoy-marketBased on function, the industry can be segmented as follows:ActivePassiveSpecial PurposeBased on the size, the market can be divided into the following:Size ASize BSize COthersBased on the range of the product, the market can be divided as follows:Short RangeLong RangeThe market, on the basis of installation type, can be segmented as follows:SpringPneumaticFree-fallCartridgeBy application, the market is segmented into:Detection and TrackingSafety and SecurityOil and GasOthersLatest Global News on Sonobuoy Market@ https://www.expertmarketresearch.com/pressrelease/global-sonobuoy-marketOn the basis of regional markets, the industry is divided into:1 North America1.1 United States of America1.2 Canada2 Europe2.1 Germany2.2 United Kingdom2.3 France2.4 Italy2.5 Others3 Asia Pacific3.1 China3.2 Japan3.3 India3.4 ASEAN3.5 Others4 Latin America4.1 Brazil4.2 Argentina4.3 Mexico4.4 Others5 Middle East & Africa5.1 Saudi Arabia5.2 United Arab Emirates5.3 Nigeria5.4 South Africa5.5 OthersMarket TrendsSonobuoys are acoustic sensing instruments that are released to detect underwater sound signals from aircraft or ships in the ocean.
As oil and gas are important resources, several governments are making substantial investments in the construction of sonobuoys to locate sand domes and seeps, driving the growth of the demand for sonobuoys.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
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The Global Gunshot Detection Systems report covers a detailed analysis of the Gunshot Detection Systems including the various parameters on which the Gunshot Detection Systems is analyzed such as the product, applications, regions, competition, and many others.
Get a sample of Global Gunshot Detection Systems Market report at http://www.orbisresearch.com/contacts/request-sample/2200826 .
Each product is analyzed in depth across all parameters which include the market size by value and volume, trends in the market for a particular product, and which is the product with the largest share in the market and which is the fastest growing product, among others.
The report includes a detailed company profile of the players along with their product portfolio and recent developments in the Gunshot Detection Systems.
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
The Global Gunshot Detection Systems report further provides a detailed analysis of the Gunshot Detection Systems through a SWOT analysis, price analysis, marketing channels, and value chain.
The new report by Expert Market Research titled, ‘Global Cellulose Gel Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global cellulose gel market, assessing the market based on its segments like grades, applications, and major regions.
The sample report shall be delivered to you within 24 hours.The key highlights of the report include:Market Overview (2015-2025)• Forecast CAGR (2020-2025): 6.5%• Forecast Market Size (2025): USD 1.39 billionThe significant growth of the cellulose gel market in the forecast period can be attributed to the rising awareness towards leading a healthy lifestyle and the rising demand for plant-based products in the developing economies of the world.
Further, the rising consumption of baked goods and confectioneries, especially in regions like North America and Europe, which bolsters the global demand for cellulose gel.Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/cellulose-gel-marketIndustry Definition and SegmentationCellulose gel, also known as microcrystalline cellulose (MCC), is a food ingredient and a stabilising agent consisting of small particles of purified cellulose.
Purified cellulose is abundant on earth.
It is used in the food and beverage industry in various recipes in order to reduce the calorie content and add fibres to the diet.On the basis of grade, the market is bifurcated into:• Food Grade• IndustrialBy application, the industry is categorised into:• Food and Beverage• Cosmetics and Personal Care• Pharmaceuticals• Industrial• OthersThe regional markets of the product are segmented into:1 North America1.1 United States of America1.2 Canada2 Europe2.1 Germany2.2 United Kingdom2.3 France2.4 Italy2.5 Others3 Asia Pacific3.1 China3.2 Japan3.3 India3.4 ASEAN3.5 Others4 Latin America4.1 Brazil4.2 Argentina4.3 Mexico4.4 Others5 Middle East & Africa5.1 Saudi Arabia5.2 United Arab Emirates5.3 Nigeria5.4 South Africa5.5 OthersMarket TrendsThe significant rise of cellulose gel in the forecast period is because of the growing demand for vegan products in the food and beverage industry.
It is added in products such as bakery, beverages, ice cream, confectionery, and sauces, among others, to deliver a premium texture.
